SACA Retirement Fund

The SACA Retirement Fund was established in 2005 with the dual objective of providing players with a trusted entity to put away money for retirement, and offer players group life, disability and funeral insurance.

There is no cost to players as SACA contributes a percentage on behalf of every Franchise player’s monthly remuneration to the fund while the Proteas players receive monthly contributions through their Cricket South Africa (CSA) contracts. Top-up contributions to the fund can be made by players who wish to make additional provision for retirement.

On retirement or loss of contract, a player may transfer the benefit to a similar fund without any tax implications. The benefit may be also be claimed in cash although this would be subject to a tax deduction.

FAQ’s

Proteas (men) and Franchise contracted cricketers are eligible for this benefit while under contract. Semi-Pro and Proteas women players have access to the fund through personal contributions whereas Proteas men and Franchise players receive SACA contributions under current MOU agreement.